WBE 0.00% 1.2¢ whitebark energy ltd

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-6

  1. 1,320 Posts.
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    They could fire sale the lot for $10M and return the cash to investors but that’s not how it works with mobs like this. directors will continue to bleed the corpse dry by loaning money at silly terms to the company reaping massive interest and remain on big salaries until they are approaching insolvency, then liquidate the assets to pay off the debts the company has to themselves. Leaving shareholders precisely zero.












 
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